MLS# 8668457 – 40 N Interstate 35 #11b2, Austin, TX 78701

$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
Price: $585,000
Beds: 2
Baths: 2
Living Area SqFt: 1,459
Status: Active
Property Type: Condominium
Lot Size Acres: 0.03
Lot Size SqFt: 1,128
Year Built: 1983
Neighborhood: Towers Town Lake Condo Amd
Days on Website: 73

Property listed by eXp Realty, LLC 888-519-7431 {attribution_contact}

Property Description

*** Agent is also owner ** Welcome to the Towers of Town Lake, where resort-style amenities, expansive green space, and one of downtown Austin’s most desirable locations come together to create an exceptional lifestyle. This upper-floor residence offers 1,459 square feet with two bedrooms, two full bathrooms, and a thoughtfully designed split-bedroom floor plan that provides excellent separation of space. Floor-to-ceiling windows in the living room fill the home with natural light while showcasing beautiful downtown skyline views. Situated behind a gated entrance on nearly seven acres of landscaped grounds, the Towers of Town Lake offers a rare sense of privacy and open space just minutes from downtown. Enjoy convenient access to the new Rainey Street Trailhead, connecting you to Lady Bird Lake, miles of hike-and-bike trails, parks, restaurants, entertainment, and the best of downtown Austin. Residents enjoy an outstanding collection of amenities, including indoor and outdoor pools, a fitness center, beautifully maintained common areas, 24-hour concierge service, on-site management and maintenance staff, and two deeded parking spaces. The homeowner’s association is financially strong, with healthy reserve funding, ongoing capital improvements, and a comprehensive 15-year structural improvement plan that reflects a commitment to the property’s long-term stewardship. Offering significantly more living space than many newer downtown condominiums, combined with extensive amenities, generous green space, a gated setting, and an exceptional location, this residence presents a rare opportunity to enjoy downtown Austin living at an outstanding value.

$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin
$585,000 - 2Br/2Ba -  for Sale in Towers Town Lake Condo Amd, Austin

Open House

Property Details and Features

  • Appliances & Equipment
  • Dishwasher
  • FreeStandingElectricRange
  • Disposal
  • Microwave
  • Refrigerator
  • Bathrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Bedrooms
  • 2 total bedrooms
  • 2 main level bedrooms
  • Building
  • Built in 1983
  • Living area: 1459.0
  • Building faces Northeast
  • Levels: One
  • Construction Materials: Stucco, SyntheticStucco
  • Community
  • BarLounge
  • Concierge
  • CommonGroundsArea
  • Clubhouse
  • CommunityMailbox
  • Courtyard
  • ConferenceMeetingRoom
  • GameRoom
  • Gated
  • Lake
  • Library
  • LaundryService
  • MaintenanceOnSite
  • Pool
  • PlannedSocialActivities
  • Sauna
  • TrailsPaths
  • Disclosures
  • OwnerIsListingAgent
  • SellerDisclosure
  • Accessibility Features
  • CommonArea
  • AccessibleElevatorInstalled
  • Energy Saving
  • Sustainability: OnsiteRecyclingCenter
  • Exterior Features
  • BasketballCourt
  • Balcony
  • Lighting
  • PrivateEntrance
  • UncoveredCourtyard
  • Fence
  • Fenced
  • Full
  • Gate
  • Security
  • Floors
  • Carpet
  • Tile
  • Wood
  • Foundation
  • Slab
  • Garage
  • 2 spaces
  • Heating
  • Electric
  • Home Owner’s Association
  • Association Fee: $1,145
  • Fee Frequency: Monthly
  • Fee Includes: CommonAreaMaintenance, MaintenanceGrounds, MaintenanceStructure, Parking, PestControl, Sewer, Water
  • Amenities: Concierge
  • Interior Features
  • CedarClosets
  • CeilingFans
  • Chandelier
  • CrownMolding
  • DoubleVanity
  • Elevator
  • GraniteCounters
  • HighSpeedInternet
  • OpenFloorplan
  • RecessedLighting
  • Sauna
  • TileCounters
  • TrackLighting
  • WalkInClosets
  • WiredForSound
  • Laundry
  • LaundryCloset
  • WasherHookup
  • ElectricDryerHookup
  • Listing
  • Listing ID: 8668457
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Condominium
  • On market as of 2026-07-01
  • 53 days on market
  • Special Conditions: Standard
  • Location
  • Subdivision: Towers Town Lake Condo Amd
  • MLS Area (Major): DT
  • County/Parish: Travis
  • Lot
  • 0.0259 acres
  • Landscaped
  • SprinklersInGround
  • FewTrees
  • Views
  • Parking
  • 2 covered spaces
  • Garage
  • Covered
  • Guest
  • Pool
  • Fenced
  • Gunite
  • Indoor
  • OutdoorPool
  • Waterfall
  • Community
  • Possession
  • ClosingAndFunding
  • Property
  • Resale
  • City
  • Roof
  • Membrane
  • Schools
  • Elementary School: Mathews
  • Elementary School District: Austin ISD
  • Middle School: O Henry
  • Middle School District: Austin ISD
  • High School: Austin
  • High School District: Austin ISD
  • Sewer
  • PublicSewer
  • Taxes
  • Parcel Number: 02010402160150
  • Annual Amount: $11,173
  • Assessed Value: $505,777
  • Tax Block: D
  • Legal Description: UNT 11B2 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA
  • Lot: 11B2
  • Year: 2025
  • Utilities
  • CableAvailable
  • ElectricityAvailable
  • ElectricityConnected
  • NaturalGasNotAvailable
  • HighSpeedInternetAvailable
  • PhoneAvailable
  • SewerConnected
  • WaterConnected
  • Water Source: Public, Well
  • Water Features
  • Water Body Name: Lady Bird Lake
  • LakeFront
  • RiverFront
  • Waterfront

Property Map

$585,000 – 40 N Interstate 35 #11b2, Austin, TX 78701

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MLS LogoListings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of September 12, 2026 5:50PM. Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.

Listing Information © 2026. Data courtesy of the Austin Board of REALTORS®. All Rights Reserved.